国联民生宏观：美国11月CPI难改美联储下次暂缓降息

Core Viewpoint - The November CPI data is unlikely to change the Federal Reserve's decision to pause interest rate cuts in January, but it may increase dovish sentiments within the Fed [1] Group 1: Economic Indicators - If December data continues the current trend of slow inflation, it may prompt the Fed to reassess its interest rate cut path for next year [1] - The combination of economic slowdown and low inflation could lead the Fed to consider more rate cuts than indicated in the December dot plot, which suggests only one cut in 2026 [1] Group 2: Future Outlook - The final decision on interest rate cuts will depend on the release of cleaner inflation data in December [1]